Published on 7/28/2011 in the Prospect News Structured Products Daily.
New Issue: Morgan Stanley prices $3.25 million protected market-linked notes tied to Dow Industrials
By Toni Weeks
San Diego, July 28 - Morgan Stanley priced $3.25 million of 0% market-linked notes due July 31, 2017 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus the index return. If the index return is zero or negative, the payout will be par.
Morgan Stanley & Co. LLC and UBS Financial Services Inc. are the agents.
Issuer: | Morgan Stanley
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Issue: | Market-linked notes
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Underlying index: | Dow Jones Industrial Average
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Amount: | $3,245,680
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Maturity: | July 31, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus index return; minimum of par if index falls
|
Initial level: | 12,501.3
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Pricing date: | July 26
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Settlement date: | July 29
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Agents: | Morgan Stanley & Co. LLC and UBS Financial Services Inc.
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Fees: | 3.5%
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Cusip: | 61760E499
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